Eastern Treads Ltd (EASTRED) Financials - Quarterly Results, Profit & Loss, Balance Sheet, Cash Flow Eastern Treads Ltd reported sales of ₹21.28 Cr, operating profit of ₹-2.89 Cr (OPM -13.58%) and net profit of ₹-3.94 Cr for the quarter ended Mar 2022. Figures in ₹ crore, consolidated where available.
EASTRED quarterly results (₹ Cr) Metric Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Sales 14.07 17.81 19.03 18.89 17.03 20.64 15.6 21.28 Expenses 13.56 16.68 17.4 18.42 17.61 21.74 16.72 24.17 Operating Profit 0.51 1.13 1.63 0.47 -0.58 -1.1 -1.12 -2.89 OPM 3.62% 6.34% 8.57% 2.49% -3.41% -5.33% -7.18% -13.58% Other Income 0.03 0.06 0.19 0.15 0.01 0.11 0.79 0.08 Interest 0.84 1.05 0.65 0.81 0.78 0.87 0.85 0.73 Depreciation 0.6 0.6 0.43 0.51 0.5 0.47 0.44 0.43 Profit before tax -0.9 -0.46 0.74 -0.7 -1.85 -2.33 -1.62 -3.97 Tax -7.78% -6.52% -6.76% -22.86% -3.24% -3% -3.09% -0.76% Net Profit -0.82 -0.42 0.8 -0.53 -1.79 -2.26 -1.57 -3.94 EPS in Rs -1.57 -0.76 1.64 -0.82 -3.15 -4.09 -2.75 -7.53
EASTRED profit & loss, annual (₹ Cr) Metric Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sales 94.38 97.46 78.32 66.6 72.28 Expenses 91.7 93.67 74.31 62.55 77.51 Operating Profit 2.68 3.79 4.01 4.05 -5.23 OPM 2.84% 3.89% 5.12% 6.08% -7.24% Other Income 0.22 0.47 0.24 0.08 0.49 Interest 3.27 3.62 3.25 3.31 3.2 Depreciation 2.11 2.64 2.5 2.12 1.83 Profit before tax -2.48 -2 -1.5 -1.3 -9.77 Tax -7.26% -9.5% 1.33% -24.62% -2.15% Net Profit -2.29 -1.82 -1.53 -0.98 -9.56 EPS in Rs -4.38 -3.38 -2.58 -1.53 -17.55 Dividend Payout 0% 0% 0% 0% 0%
EASTRED balance sheet (₹ Cr) Metric Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Equity Capital 5.41 5.41 5.41 5.41 5.41 Reserves 4.49 2.52 1.12 0.35 -4.92 Borrowings 25.88 28.67 33.79 34.46 32.7 Other Liabilities 20.1 19.21 14.26 14.45 13.88 Total Liabilities 55.88 55.81 54.58 54.67 47.07 Fixed Assets 15.89 17.08 14.52 12.19 16.03 CWIP 2.53 0.43 1.12 1.71 0.17 Investments 0 0 0 0 0 Other Assets 37.46 38.3 38.94 40.77 30.87 Total Assets 55.88 55.81 54.58 54.67 47.07
EASTRED cash flows (₹ Cr) Metric Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Cash from Operating Activity 3.51 1.74 -1.68 3.36 1.4 Cash from Investing Activity -4.25 -1.23 -0.84 -0.39 2.53 Cash from Financing Activity 1.02 -0.77 1.77 -2.64 -3.65 Net Cash Flow 0.28 -0.27 -0.75 0.32 0.27 Free Cash Flow -0.76 0.23 -2.28 3.09 1.32 CFO/OP 144% 46% -41% 84% -28%
EASTRED ratios Metric Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Debtor Days 99.27 99.36 121.08 145.62 100.95 Inventory Days 42.33 45.76 74.9 87.16 52.12 Days Payable 76.89 67.37 66.2 84.9 52.19 Cash Conversion Cycle 64.71 77.75 129.77 147.87 100.88 Working Capital Days -1.7 -6.22 -15.99 1.42 8.89 ROCE - 4.49% 4.58% 6.07% -18.36%